Sunday, October 29, 2017

Exclusive Group Posts Hard-Core Financial Results

Core vendor success at the heart of global VAST group’s 19%+ revenue growth in H1


PARIS-Thursday, October 26th 2017 [ AETOS Wire ]

(BUSINESS WIRE)-Exclusive Group, the value-added services and technologies (VAST) group, today announced record half-year revenues of 731m€ - up more than 19% on H1 2016. Core vendor revenues continue to grow at above market rates as Exclusive Group increases its share of each vendor’s respective business. The pattern is repeated across international territories worldwide, with profits continuing in line with expectations. The figures do not include revenues from the Q2 acquisition of Fine Tec in the US.

 “While we continue to rapidly accelerate the growth of new, emerging vendors with triple-digit increases, this period has also once again seen strong performance among our most established vendor partners,” said Olivier Breittmayer, CEO of Exclusive Group. “All benefit equally from our unique business model, comprehensive technical and professional services, global/local execution and proven go-to-market expertise. This makes us different, not only in terms of approach but also results.”

Other highlights:

    In EMEA, revenues were particularly strong in large, established territories such as Southern Europe (Italy, Spain and Portugal) which grew 36%. Results in the UK and France also stood out with annual growth of 28% and 30%, respectively.
    Strong performance across the board was also the story in APAC, with the Asia region posting annual growth of 22% while the Pacific region grew 29%.
    BigTec, the datacentre transformation VAD, continues to grow very aggressively in line with further geographic expansion and increased traction for disruptive vendors. BigTec now accounts for over 100m€ of annualised Group revenues; almost double the size of one year ago.

“More and more business is now made up of international cross-border projects, leveraging our global logistics and project management capabilities to support our value to global SI, service provider and vendor partners, and reflect the success of our VAST strategy,” said Barrie Desmond, COO of Exclusive Group. “This is being boosted further via the successful integration of our US operation, which is already delivering significant opportunities, keeping us on track for unprecedented long-term growth.”

Contacts

For Exclusive Group
Greg Halse/Ellie Stansfield
Cohesive
+44 (0) 1291 626200
exclusivegroup@wearecohesive.com


Permalink : http://aetoswire.com/news/4880/en

The 15th International Operations and Maintenance Conference honours Sharjah Research Academy



Beirut, Lebanon-Thursday, October 26th 2017 [ AETOS Wire ]

The 15th International Operations and Maintenance Conference, held in Beirut, honoured the Sharjah Research Academy for its role in supporting researchers and research activities around the world.                      

The conference, held under the patronage of the President of the Republic of Lebanon and in cooperation with the Ministry of Public Works and Transport, under the slogan, “Smart Maintenance”.

Dr Amr Abdul Hamid, Director of Sharjah Research Academy, said, “The Academy is very pleased to receive this international recognition for the hard work it has carried out in the realm of scientific research with cooperation from scientists and researchers from all over the world. Under the wise leadership of His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, the Academy has achieved several successes and we are proud to add this honour to them.”

The forum took place with the participation of institutions, unions, organisations and universities from Saudi Arabia, UAE, Jordan, Canada, Switzerland and other countries.

It was attended by more than 600 participants and 50 speakers, providing an opportunity to address a number of topics through workshops throughout the conference.

 Issues discussed during the forum included: operation and maintenance of electrical facilities; desalination facilities; water utilities; operation and maintenance of building complexes and services; maintenance of communications and electronic systems; maintenance materials management; operation and maintenance of sanitary facilities; and facilities and assets management.

An exhibition was held in parallel with the conference to showcase the latest developments, technologies, methods and techniques used for maintenance and operation. This exhibition was particularly relevant to major companies that operate in regional and international markets, and it was attended by approximately 30 organisations.

Contacts

SAHARA Communications

Farah Al obaidi, Head of Media Relations

Tel: +97143298996
Mob: +971503323158
Email: farah@saharagcc.com     
Web Site: www.saharagcc.com


Permalink : http://aetoswire.com/news/4875/en

Astrata Group Aggressively Expands into European LCV Market

Hires Simon Hill, former Fleetmatics and Masternaut Sales Director to Head LCV Solutions Sales and BD

EINDHOVEN, Netherlands & SINGAPORE-Thursday, October 26th 2017 [ AETOS Wire ]

(BUSINESS WIRE) --Astrata Europe, a leader in advanced location-based IT, has appointed Mr. Simon Hill to provide the commercial leadership for its expansion into the Light Commercial Vehicle (LCV) market. Together with the launch of the new VanLincTM FMS and Delivery Software platform, Mr. Hill joins the Astrata Europe team, bringing years of experience and a highly successful track record in LCV Telematics, having played a significant sales leadership role in the growth of both Verizon owned Fleetmatics (NYSE: VZ) and Masternaut.

Astrata's growth strategy in Europe enters a new phase with the launch of its proprietary LCV solution- VanLincTM. With this launch, Astrata now offers small, medium and large-scale fleet operators a highly cost-effective system to manage and optimize assets and operations, and benefit from its best-in-class fleet and advanced delivery management systems. SME and LCV operators will now be able to benefit from the proven Astrata technology relied upon for years by among the largest fleet operators and enterprises in Europe and throughout the world.

Mr. Hill comes with an impressive background in building and managing high performance sales teams in leading LCV focused telematics companies. As a proven sales leader with a stellar track record for rapidly building sales and revenue, he will bring his energy and passion to rapidly growing Astrata's LCV business throughout the European Continent. Mr. Hill will also serve as Country Manager for the UK.

About Astrata Europe

Astrata Europe is a subsidiary of Astrata Group. Formerly known as Qualcomm Enterprise Services Europe, Astrata Europe delivers advanced fleet management and software solutions to transport and logistics companies of all sizes, as well as to Industry verticals. Relied upon by over 1500 European customers, including several of Europe’s largest fleets, Astrata offers the broadest range of the telematics and transport operations technology available in the market today.

With more than 25 years of experience, Astrata Group is recognized as a trusted leader in Advanced Location-Based IT services and solutions worldwide.

For more information please visit www.astrata.eu and www.astratagroup.com

Contact Astrata via email at sales@astrata.eu

Contacts
Astrata Europe
Dorota Tankink, Marketing Coordinator
Direct: +31 40 234 84 75
E-mail: dtankink@astrata.eu

Permalink : http://aetoswire.com/news/4869/en

Grundfos Introduces its Energy Check Services to the UAE Market

 The Energy Checks Will Help Industrial Organizations,Hotels, Water Utilities and Offices Achieve 30-60% Savings in Your Pumps Energy Costand Enhance their Environmental Footprint



Dubai, United Arab Emirates.-Sunday, October 29th 2017 [ AETOS Wire ]

Grundfos, the award-winning world leader in advanced pump solutions, has recently introduced its world-class energy check services for pump systems to the UAE market.The new energy check services will help diverse sectors including industrial, hotels, water utilities and offices achieve 30-60% savings in your pumps energy cost.

The energy checks provided by Grundfos will assist organizations manage energy rising prices, reduce energy costs and improve their green image as buildings and facilities rely on pumps to manage their water supply, and heating and cooling systems. The new energy checks can also help organizations realize the hidden energy and CO2 savings of their current pump systems.

“Our energy checks are essential to organizations opting to both save energy and improve their environmental imprint,” commented Tolga Candan, Grundfos Business Development Manager, Energy Opt & Retrofit. “In a case study on a milk processing plant in Turkey, our energy checks have led to solutions that elevated energy savings to an astonishing amount of AED 700,000 annually, allowing paying back the original investment cost in just 2 months.”

He added: “Our specialist teams in Grundfos will conduct simple inspections of pump installations to calculate potential savings and make suggestions for high performing energy efficient solutions. Most importantly these inspections are fast, easy and free, and don’t require down time on the pump systems, which means that there wouldn’t be any interruption in serviceswhile executing these inspections.”

The findings of the inspection teams of Grundfos will be included in a free energy check report detailing the current pump installation and operation, and potential upgrades, savings and payback times.

Notably, the case studies executed by Grundfos show that in the milk processing plant example mentioned earlier, the total energy savings reached up to2,054,940kwh/year (65%); in another case of Sheraton 5-star hotel in central Dubai, the estimated energy saving reached up to 210,240 kWh/year (48%); in a Headquarters office building case, the energy savings reached up to(42%); and in the case of a water pumping station in the UAE, the total energy savings reached up to 876,000 kWh/year (24%). These numbers express the importance of the energy check services provided by Grundfos, and the improvements that can be achieved by applying them.

In the same context; Grundfos has organized a three day Retrofit Event during 9-11 October 2017 at the Grundfos Villa to shed light on the importance of energy checks. The discussions saw the participation of renowned speakers who highlighted several topics in this regard.Tolga Candan, Business Development Manager, Energy Opt & Retrofit, gave a lecture on Hidden Treasure in Pumps; Stephane le Gentil, Chief Executive Officer of Etihad Energy Services Company, spoke about Energy Efficiency Retrofits in the Region; and Ronak Monga, Product Manager, HVAC, Grundfos delivered a lecture titled Pumps 101.

The lectures highlighted the fact that energy costs are increasing and as a result many Governments are setting environmental legislations encouraging companies to reduce their energy consumption and improve their CO2 footprint. In this regard; the Dubai Supreme Council of Energy is aiming to retrofit 30,000 buildings by 2030 to reduce energy demand by 30%.

Although pumps are at the heart of facilities; but they come with daily operation costs.In fact, 85 % of the total costs of pumps result from the energy consumption used to operate pumps. An energy check of pumps provides a solid foundation for saving 30-50% ofpumps operational costs.Anyinstallation of old, oversized, inefficient or unsuitable pumps is likely to prevent achieving such savings, and the energy checks provided by Grundfos will help in realizing such valuable savings.

“In addition to the amount of savings achieved; the benefits of our energy check services have also ledto reducedmaintenance costs; improved process efficiency; improved system efficiency; short ROIs; and operational problems overcome, leading to better and more efficient performance, and to enhanced environmental footprint,”Candanconcluded.

About Grundfos

Founded in 1945 in Bjerringbro, a small town in Denmark, Grundfos has expanded its production to over 40 countries. Today Grundfos is represented by 19,000 employees in over 50 countries worldwide with revenue above €3 billion euro. Additionally, Grundfos has a strong local presence through its distributors and partners. With an annual production of more than 16 million pump units serving systems within buildings, industry, waste utilities, infrastructure, landscaping and water treatment, Grundfos is one of the world’s leading pump manufacturers and a trendsetter in water technology.

 Setting the highest industry standards in energy efficient and sustainable pumping solutions is a key part of Grundfos’ foundation. Built on values and high ethics, Grundfos works with local communities and global society to resolve the world’s water and energy challenges. Grundfos has been present in the Middle East since the 1980s and today its regional headquarters are in the Jebel Ali Free Zone, one of the largest ports and Free Zones in the world. It has additional representative companies in KSA and Egypt, and branch offices throughout the region.

Contacts

GRUNDFOS Gulf Distribution FZE

April Velasco, Marketing Executive, Communications

Marketing & Communications

Office: +97148815166

Mobile: +971552302982

avelasco@grundfos.com

Permalink : http://aetoswire.com/news/4883/en

Friday, October 27, 2017

Toshiba Electronic Devices & Storage Corporation Contributions Make Toshiba the Winner of the 2017 MIPI Corporate Award

TOKYO -Friday, October 27th 2017 [ AETOS Wire ]

(BUSINESS WIRE)--Toshiba Electronic Devices & Storage Corporation today announced that Toshiba Corporation (Toshiba Corp.) has received the 2017 MIPI Corporate Award, one of the MIPI® Alliance Membership Awards. The award effectively recognizes the work and achievements of the company, Toshiba Corp’s representatives in the alliance, and its European subsidiary, Toshiba Electronics Europe GmbH, and was presented to Toshiba Corp. as the alliance member. Toshiba Corp. is the first Japanese company to receive the award, which was presented at an awards ceremony held during a member’s meeting luncheon at the Leela Palace, Bangalore, India on October 25.

MIPI Alliance is a collaborative global organization that designs and promotes hardware and software interfaces for mobile devices that simplify component integration. The MIPI Alliance Membership Awards Program annually recognizes outstanding contributions and achievements by individual and corporate members. The MIPI Corporate Award is presented to companies that provide the MIPI Alliance with years of outstanding corporate leadership.

The company, formerly as part of Toshiba’s electronic devices business and today in its present form, has been instrumental in bringing to market important specifications that are widely adopted in mobile applications. The company consistently delivers unbiased support of MIPI® specifications in its IC products, and has helped to pioneer a number of specifications, including UniPro and CSI. It also exercises a leadership role in MIPI Alliance working groups that seek to improve specifications under development and drive consensus for the benefit of the industry as a whole.

Since Toshiba Corp. joined the organization in 2004, it has played a leading role in developing specifications for mobile and mobile-influenced devices, and many specifications developed by the MIPI Alliance are global standards. The company’s “Visconti™” image recognition LSI, interface bridges and high frequency switches, and Toshiba Memory Corporation’s UFS memory chips, all conform with MIPI® specifications, have been adopted in smartphones, consumer and industrial equipment, and automotive systems.

Toshiba Electronic Devices & Storage Corporation will continue to participate in the MIPI Alliance and to contribute to promotion of MIPI® specifications for the mobile market and new markets.

* MIPI® is a registered trademark of MIPI Alliance, Inc.
* All other company names, product names, and service names mentioned herein may be trademarks of their respective companies.

About Toshiba Electronic Devices & Storage Corporation

Toshiba Electronic Devices & Storage Corporation combines the vigor of a new company with the wisdom of experience. Since being spun off from Toshiba Corporation in July 2017, we have taken our place among the leading general devices companies, and offer our customers and business partners outstanding solutions in discrete semiconductors, system LSIs and HDDs.

Our 19,000 employees around the world share a determination to maximize the value of our products, and emphasize close collaboration with customers to promote co-creation of value and new markets. We look forward to building on annual sales now surpassing 700-billion yen (US$6 billion) and to contributing to a better future for people everywhere.
Find out more about us at https://toshiba.semicon-storage.com/ap-en/company.html



Contacts

Press Contact:
Toshiba Electronic Devices & Storage Corporation
Motohiro Ajioka, +81-3-3457-3576
Public Relations & Investor Relations Group
Business Planning Division
motohiro1.ajioka@toshiba.co.jp



Permalink : http://aetoswire.com/news/4882/en

Tanker Conference Focuses on Environmental and Human Capital Challenges and Growth Opportunities

Dubai, United Arab Emirates.-Thursday, October 26th 2017 [ AETOS Wire ]

The second The Maritime Standard Tanker Conference, which took place at the Grosvenor House Hotel, Dubai, on 24th October, underlined the potential that exists for growth and development within the region's tanker sector. To achieve this, however, speakers stressed there was a need not just for investment, but closer collaboration between different stakeholders, to create the foundations for sustainable success. Other key themes included environmental regulations and their impact on tanker shipping; crewing and the need to invest in human capital; and the implications of digitalization and ‘Big Data’ for this business.

The Conference was a sell-out this year, with a packed Conference hall hearing from a host of top speakers from different segments of the tanker business and support sectors. The event attracted a top quality audience of more than 150 people, including delegates from all the leading tanker owners and operators from across the region.
The high profile one day Conference, organised by The Maritime Standard, a division of Flagship Events, provided a unique insight into what is happening in the tanker market and the likely trends over the years ahead. The messages were relevant not just for tanker owners and operators, but all companies providing services to the tanker sector.

The keynote speeches set the tone for an enlightening day. H.E. Sheikh Talal Al Khaled Al Sabah, chief executive of Kuwait Oil Tanker Company (KOTC), gave the audience the full benefit of his many years of experience with some unique insights into likely market patterns. He was followed by Abdullah Bin Damithan, commercial director, DP World, who outlined Dubai’s intention to invest to create a multi-faceted petrochemicals hub that will have significant implications for tanker and related trades.

Speakers in the first session who discussed the key political and economic factors affecting the tanker market, included Chris Peters, chief executive, Emirates Ship Investment Company; Gaurav Moolwaney, executive director, Standard Chartered; Ali Shehab, deputy CEO, KOTC; and Philip Tinsley, maritime security manager at BIMCO.

There then followed a session focusing on the challenges and opportunities facing the market, which contained some thought providing comments from Petros Doukas, chairman of Capital Partners and former Greek deputy minister of Finance and Foreign Affairs. The high quality panel in this session also included Tarik Al Junaidi, chief executive, Oman Shipping Company; Omar Abu Omar, president, maritime and operations, Gulf Navigation Holding PJSC; and Roger Harfouch, regional director, Marlink Communications, who offered some thoughts around the impact of digitalization on this sector.

A final session on the need to build maritime clusters of services and expertise, chaired by Richard Briggs, executive partner, Hadef & Partners; heard about the importance of the new Emirates Maritime Arbitration Centre. There was also a chance to gain valuable insights from Dr Ruanthi De Silva, chief executive of SCM Plus; Thomas Kriwat, chief executive, Mercmarine; Lakshmi Janarthanan, commercial director of Drydocks World Dubai; Ralph Becker, head of business development-Middle East, DNV GL; and Katherine Yakunchenkova, general manager, Al Safina Security. The event rounded up with a chance for speakers and attendees to network informally at a special reception.

Trevor Pereira, managing director of The Maritime Standard, said: “This was our second Tanker Conference and it exceeded our expectations, as we completely sold out. Everyone who came left with some important messages to take back to their companies and the feedback about the quality of the presentations has been overwhelmingly positive. As well as getting unique insights from some of the top names in the industry, the networking opportunity was exceptional, with delegations from many different countries in the room.”

TMS is already planning the third Tanker Conference in 2018.Details will be available on the TMS website.

Editor’s Note: About The Maritime Standard

The Maritime Standard (TMS) publishes a regular e-newsletter aimed specifically at the shipping and maritime community. It is delivered fortnightly, on the 1st and 15th of every month, and has built up a circulation of more than 40,000 recipients. It delivers the most accurate, up-to-date news about the market and has built up the largest circulation of any shipping-related online newsletter in the Middle East and India. It is also gaining popularity in other major shipping hubs, including Oslo, Hamburg, Singapore and Greece. The newsletter includes news and analysis from the shipping and ports industries and related sectors in the Middle East and Indian Subcontinent. Topics that are covered include tanker, container, dry and liquid bulk, ro-ro, and cruise shipping; terminal operations; port development; classification; ship repair and conversion; shipbuilding; ship agency; finance and insurance; maritime law; and transportation & logistics. The newsletter regally carries exclusives, analysis and interviews with top executives.

Website: www.themaritimestandard.com

A very successful first edition of the TMS UAE Yearbook was published in 2016, covering all the major sectors of the shipping, ports and maritime industry in the UAE. The publication was launched at SMM in Hamburg in September and generated a high level of interest. The in-depth analysis of port, shipping, shipyards, maritime law, classification, regulation and inland transports on, and other topics, was well received by the industry. The Maritime Standard UAE Yearbook 2017/18 is now out. Covering developments in the fields of shipping, ship management, ports, shipbuilding and repair, maritime law, insurance and other maritime industry’s sectors; The Maritime Standard UAE Yearbook 2017/18 is a must-read publication for everyone interested in UAE maritime issues. The publication can be downloaded by going to: http://www.themaritimestandard.com/uae-yearbook- 2017-18.

The not-to-be missed The Maritime Standard Awards recognise and celebrate success in the shipping, ports and related sectors across the Middle East and Indian Subcontinent. The Awards are now positioned as one of the world's leading shipping and maritime awards dinners and are the premier event of their kind in the region. The Maritime Standard Awards 2016, held under the patronage of His Highness Sheikh Ahmed bin Saeed Al Maktoum, president of the Dubai Civil Aviation Authority and chairman Emirates Airline and Group, attracted close to 700 of the region's elite shipping and maritime professionals, as well as a number of leading figures from overseas. These guests came from a variety of industry segments, ranging from ports and terminal operators to ship owners and managers, and executives from the worlds of maritime law and finance, classification, ship building and repair and maritime education and training. The 2016 event had Jim Clancy, the well-known former CNN news anchor, as master of ceremonies, following on from Alistair Campbell and Ruud Gullit in 2014 and 2015 respectively. As well as 21 general awards categories, the TMS team presented 7 special individual awards recognising the contributions made by high profile industry leaders and innovators. The Awards have set a benchmark within the industry and have become an eagerly anticipated meeting place for top executives from across the business, where they can meet, network and create new opportunities. The Maritime Standard Awards 2017 will take place on Monday, 23rd October 2017 at The Atlantis, The Palm, Dubai.

Website: www.tmsawards.com  

The first The Maritime Standard Tanker Conference took place on 25th October 2016 at the Grosvenor House Hotel, Dubai, and attracted a high level audience who were able to hear presentations from many of the region's leading tanker owners and operators, as well as experts in related fields. Attendees included key decision makers and opinion formers and the event was hugely informative, also presenting opportunities for networking and face to face contact. Those present were given a unique insight into the challenges and opportunities not just for ship owners and operators active in the tanker markets, but those delivering products and services to this sector.

For more information go to the website: www.tmstankerconference.com
The second Maritime Standard Ship Finance and Trade Conference took place at the Sheraton Abu Dhabi Hotel and Resort, on November 14th 2016. Like the first Conference, also held in Abu Dhabi, it was hugely successful, bringing together experts from the fields of shipping, ports, banking, finance, trade and maritime law, among others, to discuss and debate the key issues and trends facing the shipping business, and trade, in the Middle East and the Indian Subcontinent. They willingly shared their insights and knowledge through a series of presentations and panel discussions, signposting the way forward, and identifying the key challenges ahead, as well as the significant opportunities that exist. A high level panel of speakers dealt with a number of themes including regional trade patterns, ship finance and ports and shipping.  Speakers and attendees alike praised the content of the conference and the networking opportunities presented. There was appreciation of the fact that leading executives shared their industry knowledge and pointed the way to opportunities to adapt to evolving market situations in line with their forecasts.

For more information go to the website: www.tms-shipfinanceandtrade.com


Contacts

The Maritime Standard (TMS)

(A Division of Flagship Events LLC)

Ammaar Murtaza Moosa, +971552454466
E: ammaar@flagshipme.com

Tel: + 97143805556, Fax: +97143805509

www.flagshipme.com 

Permalink : http://aetoswire.com/news/4876/en

GTreasury Announces $42 Million Growth Investment from Mainsail Partners

 Investment to Accelerate Product Development and Fund International Expansion



LAKE ZURICH, Ill-Thursday, October 26th 2017 [ AETOS Wire ]

(BUSINESS WIRE) --GTreasury, a leading provider of Treasury Management Systems (TMS), today announced a $42 million investment from Mainsail Partners, a growth equity firm that exclusively invests in profitable, fast growing technology companies. GTreasury will use the new capital and Mainsail’s extensive resources to accelerate product development, expand internationally, and enhance GTreasury’s customer service.

GTreasury was co-founded over thirty-one years ago by Orazio Pater, CEO, and his wife Peg, General Manager, and offers the longest tenured and holistically developed TMS in the industry. The company’s software suite includes its industry-leading Cash Management and Funds Transfer solutions which provide essential insights, automation, and tools to help large enterprises manage global liquidity. The company also offers Accounting, Banking, and Financial Instruments solutions to help treasury departments automate accounting procedures, manage banking relationships, analyze bank fees, and manage investment and debt activity. To facilitate these services, the company has direct connections with over 2,000 banks globally, and integrations with hundreds of ERP and 3rd party systems.

“We built our company by creating mission critical products and providing top tier service to our customers and partners,” said Mr. Pater. “This partnership with Mainsail will allow us to double down on those efforts by accelerating innovation and delivering even greater value to treasury departments,” added Pater. “We chose Mainsail for their experience scaling technology companies and because they share our vision for building a global business with a focused mission – build powerful software that provides greater visibility and control for corporate treasuries while never outgrowing the intimate client service experience that is necessary for companies to maximize value. In Mainsail we were looking not just for additional financial resources, but also for a true long term partnership.”

“We see an opportunity to take an even greater leadership role in the market through innovation and expansion of our products and services,” adds Ashley Pater, Senior Vice President of Product Marketing. “Our goal is to stay one step ahead of the needs of our clients and this investment will help us achieve that goal.”

Vinay Kashyap, Principal at Mainsail Partners, said, “Due to a number of factors, the role of the treasury department at enterprise corporations has become increasingly difficult and more important than ever. Rapid globalization, economic volatility and changing regulations have added complexity for Treasurers, putting more pressure on their organizations,” added Kashyap. “The GTreasury team has built a suite of products that reduces the complexity and workload for treasury departments and allows them to focus on more strategic priorities. Combined with a deep set of best practices and intellectual property from over 31 years in this business, the consultative and high-touch approach to their clients is second to none. We are excited to invest behind this high-quality management team and a company that is so well positioned in this rapidly evolving market.”

In connection with the growth equity investment from Mainsail, GTreasury recently announced the opening of its first international office, in London, to support global expansion and its existing multinational customer base.

About GTreasury

Originated in 1986, GTreasury is the global leader of treasury management solutions for organizations spanning the world. GTreasury’s solution illuminates a treasury’s liquidity by centralizing all incoming and outgoing banking activities, along with tracking all financial instrument activities. This gives GTreasury practitioners real-time insight and access into their global liquidity. GTreasury is the only company that offers both an installed and a SaaS solution using the same version of the system. Our modular platform and infrastructure allow any size treasury operation the ability to customize a solution that is best suited to their needs. For more information please contact Marketing@GTreasury.com or visit www.GTreasury.com.

About Mainsail Partners

Mainsail Partners is a growth equity firm that invests exclusively in bootstrapped software companies. The San Francisco-based firm has a team of experienced operating professionals to help entrepreneurs scale their businesses and accelerate growth. The firm has raised more than $750 million in committed capital. For further information, please visit www.mainsailpartners.com.

Contacts

GTreasury
Ashley Pater, (847) 847-3706
aepater@GTreasury.com


Permalink : http://aetoswire.com/news/4867/en